GAIL faces profit hit over gas supply cut, says finance chief - Economic Times

GAIL, India's largest gas distributor and operator of pipelines, imports 14 million tonnes per annum (mtpa) of liquefied natural gas (LNG) under various long term deals.

Profit at state-run (India) Ltd will be hit as it rations gas sales after supplies are cut under its long-term deal with a former unit of Russian energy giant Gazprom amid high spot prices, its head … [+2002 chars]

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